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EX-4.1 - UBS 2017-C5 POOLING AND SERVICING AGREEMENT - CITIGROUP COMMERCIAL MORTGAGE TRUST 2017-C4exh4-1.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)     November 16, 2017

 

Citigroup Commercial Mortgage Trust 2017-C4

(Exact name of issuing entity)

(Central Index Key number of issuing entity: 0001718304)

 

Citigroup Commercial Mortgage Securities Inc.

(Exact name of the depositor as specified in its charter)

(Central Index Key number of depositor: 0001258361)

 

Citi Real Estate Funding Inc.

(Central Index Key number: 0001701238)

 

Cantor Commercial Real Estate Lending, L.P.

(Central Index Key number: 0001558761)

Ladder Capital Finance LLC

(Central Index Key number: 0001541468)

 

German American Capital Corporation

(Central Index Key number: 0001541294)

Rialto Mortgage Finance, LLC

(Central Index Key number: 0001592182)

(Exact name of sponsors as specified in their charters)

 

 

Delaware 333-207132-15 86-1073506
(State or other jurisdiction (Commission File Number (IRS Employer Identification
of incorporation of depositor) of issuing entity) No. of depositor)
     
390 Greenwich Street  
New York, New York 10013
(Address of principal executive offices of depositor) (Zip Code of depositor)

Depositor’s telephone number, including area code     (212) 816-6000                   

 

 

Not Applicable
(Former name or former address, if changed since last report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

Item 1.01.Entry into a Material Definitive Agreement.

On October 31, 2017 (the “Closing Date”), Citigroup Commercial Mortgage Trust 2017-C4 (the “Issuing Entity”) issued the Citigroup Commercial Mortgage Trust 2017-C4, Commercial Mortgage Pass-Through Certificates, Series 2017-C4, pursuant to a Pooling and Servicing Agreement, dated as of October 1, 2017 (the “Pooling and Servicing Agreement”), between Citigroup Commercial Mortgage Securities Inc., as depositor, Midland Loan Services, a Division of PNC Bank, National Association, as master servicer and special servicer, Park Bridge Lender Services LLC, as operating advisor and asset representations reviewer, Citibank, N.A., as certificate administrator, and Wilmington Trust, National Association, as trustee. The Pooling and Servicing Agreement was filed as Exhibit 4.1 to the Current Report on Form 8-K with respect to the Issuing Entity, dated October 31, 2017 and filed with the Securities and Exchange Commission (the “Commission”) on October 31, 2017 (the “October 31, 2017 Form 8-K”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Pooling and Servicing Agreement.

As of the Closing Date, the 50 Varick Street Loan Combination was required to be serviced and administered pursuant to the UBS 2017-C4 Pooling and Servicing Agreement, which is the servicing agreement for the UBS 2017-C4 securitization trust (into which a 50 Varick Street Companion Loan was deposited). The UBS 2017-C4 Pooling and Servicing Agreement was filed as Exhibit 4.4 to the October 31, 2017 Form 8-K.

On November 16, 2017, the 50 Varick Street Controlling Pari Passu Companion Loan was contributed to the commercial mortgage securitization transaction involving the issuance of the UBS Commercial Mortgage Trust 2017-C5, Commercial Mortgage Pass-Through Certificates, Series 2017-C5 (the “UBS 2017-C5 Certificates”). Upon the issuance of the UBS 2017-C5 Certificates, the servicing and administration of the 50 Varick Street Loan Combination is required to be transferred from the UBS 2017-C4 Pooling and Servicing Agreement to the pooling and servicing agreement governing the issuance of the UBS 2017-C5 Certificates, dated as of November 1, 2017 (the “UBS 2017-C5 Pooling and Servicing Agreement”), between UBS Commercial Mortgage Securitization Corp., as depositor (the “UBS 2017-C5 Depositor”), Midland Loan Services, a Division of PNC Bank, National Association, as master servicer and special servicer, Wells Fargo Bank, National Association, as certificate administrator, Cayman agent and trustee, and Park Bridge Lender Services LLC, as operating advisor and asset representations reviewer.

The UBS 2017-C5 Pooling and Servicing Agreement, in the form most recently filed with the Commission by or on behalf of the UBS 2017-C5 Depositor, is attached hereto as Exhibit 4.1.

 

 

 

Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit 4.1 UBS 2017-C5 Pooling and Servicing Agreement

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the depositor has caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: November 22, 2017   CITIGROUP COMMERCIAL MORTGAGE
            SECURITIES INC.
     
     
     
    By: /s/ Paul Vanderslice
          Name: Paul Vanderslice
          Title: President
     
     

CGCMT 2017-C4 -Form 8-K

 

 

INDEX TO EXHIBITS

Item 601(a) of

Regulation S-K

Exhibit No.

  Description

Paper (P) or

Electronic (E)

       
4.1      UBS 2017-C5 Pooling and Servicing Agreement (E)